Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – Here’s Why

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped up prior to trading on Thursday . The stock had previously closed at $11.79, but opened at $12.3550. Ryohin Keikaku shares last traded at $12.3550, with a volume of 370 shares changing hands.

Ryohin Keikaku Price Performance

The company has a fifty day simple moving average of $13.71 and a 200 day simple moving average of $12.22. The stock has a market capitalization of $13.88 billion, a price-to-earnings ratio of 33.39, a P/E/G ratio of 1.62 and a beta of 0.48. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.77 and a current ratio of 3.00.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.54 billion. Equities research analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.41 EPS for the current fiscal year.

About Ryohin Keikaku

Ryohin Keikaku Co, Ltd. is a Japanese retail and consumer products company best known for operating the MUJI brand. The company develops and sells products designed around simplicity, functionality and reduced packaging, including household goods, furniture, apparel, stationery, cosmetics, food and travel-related items.

Founded in Japan in 1980, Ryohin Keikaku initially operated MUJI as a private-label brand before expanding the concept into a broad retail business. In addition to its stores and e-commerce operations, the company has developed related businesses such as cafés, restaurants, hotels and other lifestyle-oriented services.

Ryohin Keikaku serves customers through a network of retail locations and digital channels in Japan and international markets.